Multiple Choice
The general fund of Hatteras acquired a fire truck during the fiscal year ended June 30,20X9.The purchase order for the fire truck was recorded on February 15,20X9.Hatteras' acquisition of the fire truck required which of the following sequences of accounting activities?
I.Appropriation
II.Encumbrance
III.Expenditure
A) II,I,III.
B) I,III,II.
C) III,II,I.
D) I,II,III.
Correct Answer:

Verified
Correct Answer:
Verified
Q65: The City of Ames uses the consumption
Q66: The general fund of Caldwell had the
Q67: Which of the following observations concerning interfund
Q68: Under the modified accrual basis of accounting,revenue
Q69: Gotham City acquires $25,000 of inventory on
Q70: Which of the following accounts are debited
Q71: At any time,the remaining appropriating authority available
Q72: All of the following funds have a
Q73: Which of the following funds should use
Q74: The Town of Pasco has no supplies